The European Commission’s Ursula von der Leyen described a recent call with President Trump as “good,” signaling progress toward a trade agreement before the July 9 tariff deadline.
At a Glance
- Von der Leyen said she had a “good exchange” with Trump about trade.
- Both sides aim to finalize a deal by July 9 to prevent tariffs.
- Trump warned of 17% tariffs on EU agricultural exports.
- U.S. officials plan to announce deals and tariff decisions within 48 hours.
- Market volatility continues amid mixed signals from negotiators.
“Good Exchange” as Negotiations Heat Up
A European Commission spokesperson confirmed that von der Leyen and Trump shared a constructive phone call on Sunday, with Brussels maintaining its goal of clinching a deal by Wednesday to avoid auto, steel, and agricultural tariffs. According to Reuters, both leaders discussed trade terms under heightened pressure from looming U.S. levies.
Trump had previously threatened a 17% duty on EU agricultural goods and floated a 10% penalty for countries engaging in BRICS-aligned policies. European diplomats now expect formal trade offers and tariff decisions to be issued within the next 48 hours, according to Fintel and U.S. Treasury sources.
Watch a report: EU hopes for Trump tariff deal by July deadline after ‘good exchange’
https://www.reuters.com/video/watch/idRW791707072025RP1/
Deadline Pressure and Market Response
With the July 9 deadline rapidly approaching, President Trump’s office has reportedly finalized tariff notifications to be sent to multiple countries effective August 1. The Guardian reports these measures are designed to compel last-minute deals while maintaining maximum leverage.
Despite the brewing tensions, financial markets have remained only mildly reactive, with investors waiting for concrete signals on sector-specific impacts—especially for automotive and farming industries. German Chancellor Friedrich Merz emphasized the urgency of finalizing a deal, warning that failure could escalate trade retaliation and harm European exporters, as cited by AJOT.
Stakes Rise With Geopolitical Flashpoints
The EU trade scramble comes just days after BRICS leaders rejected Trump’s assertion that the group is “anti-American.” Von der Leyen’s team has signaled that while they remain committed to global trade, they will not accept coercive or asymmetrical terms. Talks continue with the hope of preventing a broader tariff cascade that could reshape global supply chains.
With 48 hours remaining, Brussels and Washington now face a defining choice: seal a deal, or risk reigniting a full-blown transatlantic trade war.
Click this link for the original source of this article.
Author: Editor
This content is courtesy of, and owned and copyrighted by, https://deepstatetribunal.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
